The housing in Alpha, MI has seen a significant appreciation in the past year. The median value of houses in Alpha, MI stands at $74,400, which is significantly lower than the US median house value of $338,100. However, the past year's appreciation rate for houses in Alpha was 12.24%, much higher than the national average of 8.27%. This indicates that there are opportunities for potential buyers to leverage these appreciation rates for greater returns on their investments.
The median home cost in Alpha is $74,400. Home appreciation the last 10 years has been 97.4%. Home Appreciation in Alpha is up 18.2%.
Average Age of Homes
- The median age of Alpha real estate is 78 years old
The Rental Market in Alpha
- Renters make up 4.6% of the Alpha population
- 2.8% of houses and apartments in Alpha, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.